crude oil

Benin has rejoined the ranks of West Africa’s oil-exporting states, with its first crude oil cargo headed to Europe from an offshore field that had been

Iranian oil exports have dwindled to almost nothing under the US naval blockade, but the chance of an imminent deal between the two sides to end the war is

Goldman Sachs Group Inc. raised oil-price forecasts for the year-end and 2027 on elevated risks to supplies, joining other banks in hiking their outlooks after

The Baltic Exchange has received two whistleblowing claims of attempted manipulation of the world’s benchmark tanker rate since the beginning of the war in

Saudi Arabia’s main shipping firm Bahri reported a 10-fold jump in third-quarter profit as its oil tanker business benefited from surging freight rates amid

The number of commercial transit voyages through Russia’s Northern Sea Route (NSR) had already surpassed the full-year 2025 total by the end of September,

Accelerating crude exports through the Strait of Hormuz aren’t translating into higher production of a dirty shipping fuel, according to a top Vitol Group

Shipowners are facing an increasingly fragmented fuel market as disruptions triggered by the Middle East conflict raise concerns about the availability and

Saudi Arabia is looking at ways to expand its oil pipeline capacity to destinations outside the Persian Gulf to 10 million barrels a day within two to three

For a sign of just how extraordinary oil shipping costs have become, consider this: It’s now more expensive to hire a tanker from the US to China than to

A 22-year-old product tanker sanctioned by the European Union is making an unusual late-season voyage along Russia's Northern Sea Route, highlighting the

Trafigura Group bought seven oil tankers from New York-listed SFL Corp., in the latest example of how trading houses and state energy companies are acquiring

The US blockade of Iran is keeping dozens of laden tankers bottled up along the nation’s coast, while others outside the Persian Gulf are holding off Sri

Kuwait is pumping oil at about 75% of the level seen before the Iran war as more tankers take the risk of navigating the Strait of

The number of shadow-fleet vessels carrying Russian oil and LNG through the Northern Sea Route has surged this summer, according to a new analysis by the

Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers and logistical constraints

By Florence Tan SINGAPORE, Oct 5 (Reuters) – Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final

Persian Gulf oil producers are shifting critical cargo transfer operations even farther out of the war-hit region as waters just outside the Strait of Hormuz

Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan

For most of shipping history, the valuation equation has been straightforward. A ship leaves the yard, begins ageing and progressively loses value. New steel